Azerbaijan•AsiaVaries
Free
Up to 2 years
No
Not Required
Allowed
Available
Not Required
Temporary residence for heads of companies, 51%+ shareholders, or directors of foreign entity branches registered in Azerbaijan.
The Business Owner & Corporate Leadership Residence Permit is rooted in the Migration Code of the Republic of Azerbaijan, which provides specific provisions for foreign nationals who play a key role in the management or ownership of local business entities. This permit was created to support the country’s business climate by allowing foreign entrepreneurs and corporate executives to manage their operations directly from within Azerbaijan. It fills a gap for those who need to oversee the daily functions, strategic direction, or ownership interests of a company without being subject to the standard work permit requirements for employees.
This permit is intended for company founders who own at least 51% of a business, as well as directors and senior executives of companies registered in Azerbaijan. To qualify, the business must typically meet specific financial criteria, such as a minimum paid-up charter capital of AZN 50,000. It is a highly distinctive permit because it grants residency based on corporate leadership and ownership, effectively exempting the holder from the standard work permit process. It is ideal for foreign investors, business owners, and managers who require a long-term, stable presence to effectively lead and grow their Azerbaijani business ventures.
Visas you can typically switch to from this status.
AzerbaijanMust be a founder owning at least 51% of the shares in a commercial legal entity established in Azerbaijan, or be the head/deputy head of such an entity.
The legal entity must have a paid-up charter capital of at least 50,000 AZN.
For renewal of the permit after the first year, the legal entity must have achieved an annual turnover of at least 100,000 AZN in the preceding year.
The business must be active and demonstrate real economic activity.
Exemptions to capital/turnover requirements may apply to startups, companies in industrial parks, or those in specific economic regions like Karabakh and East Zangezur.
Education
none or higher
Investment
50,000 EUR
Application form
Copy of valid passport
Medical certificate (confirming absence of dangerous infectious diseases)
Documents proving business registration (e.g., extract from the state register)
Document confirming the paid-up charter capital (obtained from tax authorities)
Document confirming annual turnover (for renewals, obtained from tax authorities)
Proof of residential address in Azerbaijan (e.g., rental agreement or property deed)
Notarized consent of the property owner for registration
Two passport-sized photos (3.5 x 4.5 cm)
Receipt of state fee payment
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